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The number of African Americans serving on boards of directors for the nation s largest corporations has remained dismally low this year despite the ongoing movement to increase C-suite diversity throughout the business world. Some of America s most prominent companies are addressing the problem by backing the Black Boardroom Initiative, a new program unveiled Wednesday with a goal of increasing the ratio of Black executives sitting on S&P 500 corporate boards to one in eight by 2028. Amazon, Microsoft, Starbucks and Zillow are among the major brands sponsoring the initiative, which has been spearheaded by the law firm Perkins Coie with support from Deloitte, a multinational professional services network. ....
by CNN June 3, 2021 . he number of African Americans serving on boards of directors for the nation’s largest corporations has remained dismally low this year despite the ongoing movement to increase C-suite diversity throughout the business world. Some of America’s most prominent companies are addressing the problem by backing the Black Boardroom Initiative, a new program unveiled Wednesday with a goal of increasing the ratio of Black executives sitting on S&P 500 corporate boards to one in eight by 2028. Amazon, Microsoft, Starbucks and Zillow are among the major brands sponsoring the initiative, which has been spearheaded by the law firm Perkins Coie with support from Deloitte, a multinational professional services network. ....
Mingtiandi Username One Museum Place is Hines’ trophy tower in Shanghai Hines is strengthening its regional investment team with the hiring of asset management veteran Ng Chiang Ling as chief investment officer for Asia, based in the US developer’s Singapore office. Ng will work alongside Asia Pacific CEO Ray Lawler and Eurasia/India CEO Lee Timmins to further expand the firm’s reach across Asia Pacific, where Hines is looking to elevate its real estate footprint and investor outreach. Ng succeeds Timmins in the CIO role and reports to global chief investment officer David Steinbach. “We are very excited to welcome Chiang Ling to Hines as our Asia CIO,” Steinbach said in a Tuesday release announcing the hire. “With her demonstrated expertise, we look forward to elevating our investment management platform and capitalising on the growing market opportunities in the Asia Pacific region as we strive to be the partner of choice globally.” ....